Chumby Industries

Founded in 2005, Chumby Industries is based in San Diego, US. The company focuses on developing internet-connected devices, with their flagship product, the Chumby, designed to function as a multimedia hub.Chumby’s primary product offerings center around a line of internet-connected devices, designed to provide a versatile, customizable platform for accessing a wide array of digital content and functionalities. The flagship device, the Chumby, functions as a multimedia hub, capable of displaying news, weather, social media updates, and more, all in a user-friendly interface. The device allows users to download applications from a curated library, enhancing its utility for personal entertainment, information, and connectivity. Chumby products are targeted primarily at tech-savvy consumers seeking a sophisticated yet simple solution for home automation and content consumption.Chumby generates revenue primarily through a subscription model, offering access to its extensive library of applications for a fee. Clients can subscribe to various plans that grant them access to over 1,000 applications tailored to enhance their Chumby experience, integrating functionalities such as news feeds, weather services, and entertainment content. The revenue structure includes direct-to-consumer sales through their website, where customers can purchase both devices and subscription services. Additionally, partnerships with content providers and retailers further support the revenue stream, allowing for broader distribution of their products. Specific upcoming products are in the design phase, aimed at enhancing user interactivity and connectivity. The company is targeting expansion into European markets by the end of 2012, aiming to increase their user base significantly in these regions.

1. Series B

   Mar 31, 2008

   Amount

   $13M

   Investors

   Locked

2. Series A

   Dec 22, 2006

   Amount

   $5M

   Investors

   Locked